The Governor of the Central Bank of Libya, Seddiq Al-Kabeer, rejected the decision of the Central Bank’s board of directors to reduce the official exchange rate to 4.26 dinars to the dollar, which was supposed to be applied from today, Sunday, and continue to work at the previous rate, as the official dollar exchange rate in the Central Bank today reached 5.05 dinars.
This came after a decision was issued by the Board of Directors of the Central Bank of Libya last month regarding the amendment of the exchange rate to 4.26.